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The Option Genius Podcast: Options Trading For Income and GrowthAuthor: Allen Sama
Let's talk trading. Especially how to trade options for income. Whether you want to trade for a living, have a side hustle, or make extra monthly income from stocks, this is the place. We are here to help individual investors learn to trade options in a way that is simple, fun and profitable. The goal is to help you achieve Freedom. Financial freedom so you have no more worries about making ends meet and so you have more than enough for safety and security. Time Freedom so you can do what you want when you want. And Choice Freedom so you can live your life on your terms with no restrictions. We call it living the Option Genius Lifestyle. Where you can earn consistent monthly income by selling options using safe, conservative strategies. We place high probability trades and earn market beating returns in a way that takes just a few minutes a day. Listen in to learn how you can do the same. Hear from professional traders that have beaten the game. Some of the strategies we discuss are covered calls, naked puts, credit spreads, vertical spreads, iron condors, butterfly spreads, calendar spreads, strangles, straddles, and more. This podcast is about how we trade options and how it lets us life a lifestyle other people can hardly imagine. Trade from anywhere in the world, for just a few minutes a day, in a way that is super safe and can still make more than the averages? Listen in to learn how and check us out at OptionGenius.com Language: en Contact email: Get it Feed URL: Get it iTunes ID: Get it |
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Warren Buffet's Greatest Advice - 196
Episode 196
Thursday, 20 November, 2025
We all know the Oracle of Omaha is a legendary investor, but does his wisdom apply to short-term options trading? In this episode, we break down Warren Buffett's most famous quotes and analyze them through the lens of an options trader. We discuss why looking for "one-foot bars" over "seven-foot bars" is the secret to high-probability trading, and why sticking to your "circle of competence" can save your portfolio. We also debate where we disagree with Buffett—specifically regarding holding periods and diversification—and how to adapt his principles to generate cash flow today. Whether you are a value investor or selling puts for income, this conversation reveals how to simplify your strategy and get your money working for you. In this episode, we cover: Why you should look for "one-foot bars" (the KISS principle). The importance of trading what you know. Why "holding forever" might not work in the age of AI. The harsh reality of making money while you sleep. Resources Mentioned: Get your free copy of the Passive Trading book: passivetrading.com/freebook Do you agree with Buffett's rule on never losing money? Subscribe and let us know your thoughts! Key Takeaways Look for the "One-Foot Bars": Don't overcomplicate trading with complex Greeks or obscure data. Look for the "layups"—trades with high probability and less stress (like the 90% probability put). Stick to Your Circle of Competence: Your watchlist should reflect what you know. If you work in oil, trade oil. If you eat fast food, trade those companies. You have an edge in industries you interact with daily. Adapt to Reality: The market will not adapt to your risk tolerance. You must be willing to change your strategy (or sit on the sidelines) when the market environment shifts. Income vs. Holding Forever: While Buffett loves holding forever, options traders often benefit from trimming positions and compounding gains actively rather than passively waiting for decades. The Ultimate Goal: "If you don't find a way to make money while you sleep, you're going to work until you die." Options trading allows for theta decay (time value) to work in your favor overnight. "If you cannot explain your strategy to a 10-year-old, then it's too complicated... I don't look to jump over seven-foot bars. I look around for one-foot bars that I could step over." Timestamped Summary (01:50) The "One-Foot Bar" Rule: Why simplicity beats complexity in trading. (04:02) Circle of Competence: Why your watchlist should be unique to you. (07:23) Adapting to Reality: Why you can't force a strategy on a market that doesn't want it. (16:47) Voting vs. Weighing Machine: Short-term price action vs. long-term value. (21:29) The Debate on "Holding Forever": Does this apply to the modern options trader? (40:04) Making Money While You Sleep: The ultimate goal of passive trading. If you enjoyed this breakdown of Buffett's wisdom, please leave us a 5-star review on Apple Podcasts. Share this episode with a friend who needs to stop overcomplicating their trades.
